IM+ Capitals Ltd

IM+ Capitals Ltd

₹ 785 -0.80%
12 Apr 4:01 p.m.
About

Incorporated in 1991, IM+ Capitals Ltd is in the business of investment and finance

Key Points

Business Overview:[1][2]
IMCL is a Corporate and Transaction Advisory company with specialized focus on Real Estate sector and distress debt resolution advisory & is majorly operating in financial advisory, asset management, wealth management, management consultancy, retail and institutional broking, with fee based and lending business activity. It caters to both corporate and retail clients. Company was taken over by Rudrabhishek Enterprises Ltd where REPL helps in real estate & infrastructure design, development and implementation. Company also has 2 wholly owned subsidiaries viz. IM Investment Capitals Pvt. Ltd which is engaged in providing investment advisory services and Fedders Electric and Engineering Ltd which is under CIRP at present

  • Market Cap 777 Cr.
  • Current Price 785
  • High / Low 860 / 391
  • Stock P/E 8.34
  • Book Value 359
  • Dividend Yield 0.00 %
  • ROCE 8.64 %
  • ROE 9.67 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 91.6% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company has a low return on equity of 6.27% over last 3 years.
  • Earnings include an other income of Rs.44.8 Cr.
  • Company has high debtors of 178 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
1 1 1 1 1 25 0 20 25 56 74 124 188
-0 0 0 0 0 16 0 18 27 52 73 113 149
Operating Profit 1 1 1 0 1 9 0 3 -2 4 1 11 39
OPM % 106% 99% 80% 52% 91% 37% 79% 12% -8% 7% 1% 9% 21%
0 0 0 0 0 62 0 5 4 8 7 25 5
Interest 0 0 0 0 0 0 0 0 0 0 1 1 1
Depreciation 0 0 0 0 0 1 0 1 1 0 0 1 1
Profit before tax 1 1 1 0 1 70 0 7 2 12 6 35 42
Tax % 26% 46% 25% 29% 20% -2% 32% 0% 1% -7% 11% 1% 1%
1 -0 1 0 0 72 0 7 2 12 5 34 42
EPS in Rs 2.40 -0.49 1.54 1.00 1.23 205.33 0.43 20.45 5.14 35.38 6.43 34.84 42.28
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
13 9 4 5 9 10 8 7 6 5 96 132 441
10 3 4 3 4 6 4 3 4 2 78 112 387
Operating Profit 3 6 0 1 6 4 4 4 2 3 18 20 55
OPM % 21% 70% 3% 25% 60% 43% 54% 62% 37% 57% 19% 15% 12%
2 1 0 0 0 1 1 0 0 0 743 2 45
Interest 0 0 0 0 3 4 4 2 1 0 2 0 3
Depreciation 0 0 0 0 0 0 0 0 0 0 10 2 2
Profit before tax 5 7 0 1 3 1 1 2 2 3 748 20 94
Tax % 23% 34% 37% 28% 21% 33% 45% 29% 28% 39% -0% -4%
4 5 0 1 2 1 1 2 1 2 750 21 94
EPS in Rs 10.60 13.05 0.34 2.17 5.65 2.46 2.06 4.48 3.08 4.85 163.67 59.17 118.93
Dividend Payout % 9% 8% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 31%
5 Years: 75%
3 Years: 178%
TTM: 522%
Compounded Profit Growth
10 Years: 15%
5 Years: 92%
3 Years: 158%
TTM: 16%
Stock Price CAGR
10 Years: 30%
5 Years: 108%
3 Years: 167%
1 Year: 93%
Return on Equity
10 Years: 4%
5 Years: 5%
3 Years: 6%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 4 4 4 4 4 4 4 4 4 4 4 8 12
Reserves 44 49 49 49 51 54 54 56 57 59 144 229 343
0 0 0 7 40 41 23 13 4 4 5 34 50
9 9 0 0 5 6 5 5 12 4 22 26 52
Total Liabilities 56 61 52 61 100 104 86 78 77 71 174 297 458
0 0 0 0 0 0 0 0 1 0 67 65 85
CWIP 0 0 0 0 0 0 0 0 0 0 0 2 0
Investments 40 40 14 15 0 2 2 2 1 1 2 4 11
16 21 39 46 100 102 84 76 76 70 106 225 362
Total Assets 56 61 52 61 100 104 86 78 77 71 174 297 458

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
5 9 -27 -2 -43 -2 -3 -4 6 -11 -64 -18
-3 -11 28 -1 20 -5 13 16 -10 44 34 -82
-1 -0 -0 7 32 -3 -10 -12 6 -22 9 98
Net Cash Flow 1 -2 0 4 10 -11 0 0 2 10 -21 -3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 110 0 0 0 0 0 30 23 42 94 149 178
Inventory Days 33 0 89 29
Days Payable 0 54 38
Cash Conversion Cycle 110 0 33 0 0 0 30 23 42 94 184 169
Working Capital Days 81 481 3,249 267 107 2,035 2,091 2,600 1,312 3,079 279 306
ROCE % 11% 14% 0% 2% 7% 6% 6% 6% 3% 5% 27% 9%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
57.28% 57.28% 57.28% 57.28% 57.28% 57.28% 58.41% 58.41% 60.07% 62.69% 63.07% 63.07%
42.72% 42.72% 42.72% 42.72% 42.72% 42.71% 41.58% 41.58% 39.92% 37.29% 36.93% 36.93%
No. of Shareholders 1,1051,2451,2781,3781,3901,4421,4381,4901,5051,6051,7012,674

Documents